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Economics1h 53m ago
The government unveiled a revised series of the Wholesale Price Index (WPI) with 2022-23 as the base year and introduced new Producer Price Indices (PPIs).
New Delhi, India
Who
Indian government, Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade
What
The government unveiled a revised series of the Wholesale Price Index (WPI) with 2022-23 as the base year and introduced new Producer Price Indices (PPIs).
When
Tue, 16 Jun 2026 01:56:26 GMT · 1h 53m ago
Where
New Delhi, India ·
Why
to better reflect price movement and align with practices adopted by advanced economies and IMF recommendations
The Frontline Impact
How this affects you
The introduction of new Producer Price Indices and a revised Wholesale Price Index aims to provide a more accurate measure of inflation in India, impacting economic analysis and potentially contracts linked to these indices over the next five years.
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